NEW SOLUTION IS VITAL GIVEN FEDERAL REGULATIONS THAT THREATEN PROFITABILITY AND VIABILITY OF DEBIT CARD PROGRAMS FOR FINANCIAL INSTITUTIONS
May 31, 2011 (The Woodlands, Texas)—Paur Payments Advisory Group (PPAG) has developed a new solution that is designed to assist payments industry participants—including card issuers, ATM deployers, and merchant acquirers—in managing their payments line of business.  PAYMENTS MANAGER PRO™ is a scalable and flexible solution that is processor- and platform-neutral and is designed to accommodate the smallest to the largest payments industry participants and the most sophisticated to the least sophisticated.  The solution is designed to illustrate both the financial and non-financial performance of the payments line of business and is equipped for dashboards, charts, and trend reporting.  The solution is also equipped for industry and peer group benchmarking in many cases.  Andrew M. Paur, Managing Director of PPAG, announced the release of PAYMENTS MANAGER PRO and indicated that the “Payments Manager Pro solution will finally enable institutions and other payments industry participants to understand the revenue and expense drivers of their payments programs so that they may be optimized from a profitability standpoint.”  Paur added, “the solution’s inclusion of numerous non-financial performance metrics, such as number and amount of ATM transactions and number and amount of POS transactions, will also enable users to better understand the intricacies and nuances of their payments activities.”  Paur noted that the need for a solution such a PAYMENTS MANAGER PRO is greater than ever, especially for debit card-issuing financial institutions, given the turbulence in the industry resulting from the Durbin Amendment. More information on PAYMENTS MANAGER PRO may be obtained by visiting www.paurgroup.com.